Tourism Holdings (ASX:THL) Dividend Payout Ratio: 0.31 (As of Dec. 2025) — 90% Below Median


ASX:THL Tourism Holdings Ltd ASX:THL
70 GF Score
Price A$2.27
GF Value A$1.84
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Tourism Holdings Dividend Payout Ratio?

Tourism Holdings ASX:THL +0.89% 70 Dividend Payout Ratio is 0.31 as of Dec. 2025, which is 90% below its 10-year median of 3.09. GuruFocus rates ASX:THL with a GF Score™ of 70/100 and a GF Value™ of A$1.84 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 776 Vehicles & Parts companies, Tourism Holdings ranks worse than 128865.85% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Tourism Holdings's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.31.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tourism Holdings Ltd is 5.286, which seems too high.

The historical rank and industry rank for Tourism Holdings's Dividend Payout Ratio or its related term are showing as below:


During the past 3 years, the highest Dividend Payout Ratio of Tourism Holdings was 5.29. The lowest was 0.90. And the median was 3.09.

ASX:THL's Dividend Payout Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.36
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-06-27), the Dividend Yield % of Tourism Holdings is 2.67%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Tourism Holdings was 14.74%. The lowest was 2.67%. And the median was 8.56%.

Tourism Holdings's Dividends per Share for the months ended in Dec. 2025 was A$0.04.

During the past 12 months, Tourism Holdings's average Dividends Per Share Growth Rate was -33.30% per year.

During the past 3 years, the highest 3-Year average Dividends Per Share Growth Rate of Tourism Holdings was 78.40% per year. The lowest was -10.20% per year. And the median was 29.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Tourism Holdings (ASX:THL) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Tourism Holdings Dividend Payout Ratio Related Terms

Tourism Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tourism Holdings's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tourism Holdings Dividend Payout Ratio Chart

Tourism Holdings Annual Data
Trend Jun23 Jun24 Jun25
Dividend Payout Ratio
0.00 0.89 5.31

Tourism Holdings Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial 0.81 0.00 0.44 0.00 0.31

ASX:THL vs BC, THO, PII: Dividend Payout Ratio Comparison

For the Recreational Vehicles subindustry, Tourism Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tourism Holdings Dividend Payout Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tourism Holdings's Dividend Payout Ratio falls into.


ASX:THL
70GF Score
Tourism Holdings Ltd ASX:THL
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tourism Holdings Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Tourism Holdings's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=0.069/ 0.013
=5.31

Tourism Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.036/ 0.115
=0.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.31 mean?
Tourism Holdings (ASX:THL) has a Dividend Payout Ratio of 0.31 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tourism Holdings and its competitors. This is 90% below median its historical median of 3.09. Over the past decade, Tourism Holdings' Dividend Payout Ratio has ranged from 0.90 to 5.29. According to the industry distribution chart, Tourism Holdings ranks #999999 out of 776 companies in the Vehicles & Parts industry.
Is Tourism Holdings' Dividend Payout Ratio too high?
Tourism Holdings' current Dividend Payout Ratio of 0.31 is 90% below median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 5.29. The Vehicles & Parts industry median Dividend Payout Ratio is 0.36. Tourism Holdings' value of 0.31 is 13.9% below this industry median. Based on the distribution chart, Tourism Holdings ranks #999999 out of 776 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tourism Holdings has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' Dividend Payout Ratio compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Tourism Holdings ranks #999999 out of 776 companies for Dividend Payout Ratio. This places Tourism Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Tourism Holdings' value of 0.31 is 13.9% below this benchmark. Historically, Tourism Holdings' own Dividend Payout Ratio has ranged from 0.90 to 5.29 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 0.36, Tourism Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Vehicles & Parts company?
The median Dividend Payout Ratio among Vehicles & Parts companies is 0.36, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tourism Holdings's current Dividend Payout Ratio of 0.31 is 13.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tourism Holdings and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Holdings's current Dividend Payout Ratio is 0.31, which is 90% below median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tourism Holdings (ASX:THL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.84, compared to a current price of A$2.27 — trading 23.4% above its estimated fair value. The current Dividend Payout Ratio is 0.31, which is 90% below median its 10-year median of 3.09 and 13.9% below the Vehicles & Parts industry median of 0.36. Tourism Holdings' overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Tourism Holdings (ASX:THL), the current Dividend Payout Ratio is 0.31 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tourism Holdings (ASX:THL) Overvalued in 2026?

Based on GuruFocus' analysis, Tourism Holdings stock appears to be overvalued. The current stock price of A$2.27 is trading 23.4% above its estimated GF Value™ of A$1.84. GuruFocus considers Tourism Holdings to be Modestly Overvalued.

Key valuation signals for ASX:THL:

  • Dividend Payout Ratio: 0.31 (90% below median its 10-year median of 3.09)
  • GF Value™: A$1.84 vs. price of A$2.27 (23.4% above fair value)
  • GF Score™: 70/100 with 10 warning signs
  • Industry Position: 13.9% below the Vehicles & Parts median (#999999 of 776)

No single metric tells the full story. See the ASX:THL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tourism Holdings Business Description

Other Exchanges THL:New ZealandUCH:Germany
Address 470 Oruarangi Road, Mangere, Auckland, NTL, NZL, 2022
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals, sales and manufacturing; United States Rentals and corporate. It generates maximum revenue from Australia Rentals segment.
70GF Score

Get the complete analysis for ASX:THL

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.27
Price
A$1.84
GF Value